NYDFS and the European Banking Authority signed a Memorandum of Understanding to share supervisory data and coordinate crisis responses on stablecoin oversight.

The New York Department of Financial Services and European Banking Authority said they'll work together to oversee stablecoins.

NYDFS and the European Banking Authority signed a Memorandum of Understanding to share supervisory data and coordinate crisis responses on stablecoin oversight.

The European Banking Authority and New York's financial regulator have signed an agreement to oversee cross-border stablecoin activities in a bid to strengthen transatlantic…